Sad: I'd just begun to get used to and look forward to what GdT could add to The Hobbit, a story we all love, and the film franchise that has been so important over the last ten years. Losing that feels like something has died that hadn't quite had the chance to be born yet.

Angry: I'm mad that political grandstanding, money grubbing and infighting on the part of movie executives are responsible for this. Not creative differences, not a change in focus, but what looks like greed to me. I'm angry for Guillermo. He put a lot of himself into this project, in good faith, and he's gotten screwed over.

Worried: This is a big loss, and it's going to make it harder for the Hobbit movies to go forward. Even with all the trouble there was getting it greenlit, the project was still seen as valuable - one of the most valuable properties MGM still had. The value has definitely been lessened by losing Guillermo, and throwing it all up into the air with no confirmed director might make it easier for skittish suits to kill the whole thing, perhaps for a long time.

Aaarrrrrrrrrrggh! "That is one thing that Men call 'hope.' Amdir we call it, 'looking up.' But there is another which is founded deeper. Estel we call it, that is 'trust.' It is not defeated by the ways of the world, for it does not come from experience, but from our nature and First Being. If we are indeed the Eruhin, the Children of the One, then He will not suffer Himself to be deprived of His own, not by any enemy, not even by ourselves. This is the last foundation of estel, which we keep even when we contemplate the End. Of all His designs the issue must be for His children's joy." Finrod, Athrabeth Finrod ah Andreth, HoME X Morgoth's Ring